Land buy in Limassol Lemesos

Fantastic plot now available and being offered with approved plans and building license. The plans are for 5 one bedroom apartments, two 2 bedroom apartments and a large three bedroom penthouse apartment. The density is 120% and the coverage is 50% with 3 floors allowed to be built. The property is located north of Makarios avenue. Property Details * For Sale * Property Type: Plot * Property Subtype: Residential * Location: Limassol, Mesa Gitonia, Cyprus * Price: €690,000 * VAT: N/A * Date Available From: 23rd July 2021 * Loan Installment: €3,382 If you wish to borrow from a bank, please find above indication of the loan installment with the assumptions used below. Loan Installment Calculations: Assumptions: Closing Price: €690,000 Own Contribution (30%): €207,000 Loan Amount (70%): €483,000 Interest rate: 3.2% Years of repayment: 15 years